
The Greenbrier Companies, Inc.
GBXIndustrials · Railroads · Stock · quarterly payer
Forward Yield
3.48%
Annual Dividend
$1.36
Payout Ratio
38%
5-Yr Growth
3.1%
Ex-Date
Jul 16, 2026
Frequency
Quarterly
Key facts about GBX's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, The Greenbrier Companies, Inc. (GBX) has a forward dividend yield of 3.48%, based on an annual dividend of $1.36 per share and a share price of $39.11.
- As of Oct 18, 2026, GBX's dividend safety grade from SmarterDividends is B (77 out of 100), which rates the dividend as safe.
- By SmarterDividends' count, The Greenbrier Companies, Inc. (GBX) has raised its dividend for 3 consecutive years as of Oct 18, 2026.
- GBX last cut its regular dividend in 2005.
- GBX's most recent ex-dividend date was Jul 16, 2026, for a dividend of $0.34 per share.
- As of Oct 18, 2026, GBX pays out 38% of its trailing 12-month earnings as dividends (its payout ratio).
- GBX's dividend has grown at an average rate of 3.1% a year over the past five years.
- As of Oct 18, 2026, GBX's 3.48% yield is 30% above its five-year average yield of 2.67%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for GBX is $19.11 per share, 51% below the $39.11 share price, so GBX screens as overvalued.
- The Greenbrier Companies, Inc. (GBX) pays its dividend quarterly, 4 times a year.
- The Greenbrier Companies, Inc. (GBX) has raised its regular dividend 11 times and cut it 2 times across the 97 payments on record since 1994. Its most recent change was a 6.3% increase to $0.340 per share, going ex-dividend on Apr 20, 2026. The last cut went ex-dividend on Jan 22, 2009.
Cite this page
SmarterDividends, "GBX Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/GBX
Summary
As of Oct 18, 2026, The Greenbrier Companies, Inc. (GBX) yields 3.48% ($1.36 a year per share), has a dividend safety grade of B (77/100) and has 3 consecutive years of dividend increases on record.
Is GBX a good dividend stock?
YesThe Greenbrier Companies, Inc. (GBX) pays a quarterly dividend yielding 3.48% ($1.36/yr), with 3 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Comfortable payout ratio (38%)
Risks
- Cut its dividend in 2005
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 3.48%
- Payout Ratio
- 38%
- Annual Dividend
- $1.36
- 5-Yr Avg Growth
- 3.1%
- Ex-Dividend Date
- Jul 16, 2026
- Years of Growth
- 3
- Frequency
- quarterly
- Beta
- 1.44
- Market Cap
- $1.2B
- P/E Ratio
- 11.6
- 5-Yr Total Return
- -2%
- 52-Week Range
- $37.61 – $59.19
- Dividend Safety
- B · 77/100
- Ever Cut?
- Yes (2005)
GBX dividend raises and cuts
The Greenbrier Companies, Inc. (GBX) has raised its regular dividend 11 times and cut it 2 times across the 97 payments on record since 1994. Its most recent change was a 6.3% increase to $0.340 per share, going ex-dividend on Apr 20, 2026. The last cut went ex-dividend on Jan 22, 2009.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Apr 20, 2026 | Raise | $0.320 → $0.340 | +6.3% |
| Apr 22, 2025 | Raise | $0.300 → $0.320 | +6.7% |
| Jul 17, 2023 | Raise | $0.270 → $0.300 | +11.1% |
| Jan 27, 2020 | Raise | $0.250 → $0.270 | +8.0% |
| Apr 24, 2018 | Raise | $0.230 → $0.250 | +8.7% |
| Nov 14, 2017 | Raise | $0.220 → $0.230 | +4.5% |
| Apr 13, 2017 | Raise | $0.210 → $0.220 | +4.8% |
| Jul 18, 2016 | Raise | $0.200 → $0.210 | +5.0% |
| Nov 6, 2015 | Raise | $0.150 → $0.200 | +33.3% |
| Jan 22, 2009 | Cut | $0.0800 → $0.0400 | −50.0% |
| Jul 13, 2005 | Raise | $0.0600 → $0.0800 | +33.3% |
| Nov 19, 2001 | Cut | $0.0900 → $0.0600 | −33.3% |
Show all 13 changes since 1999
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Nov 17, 1999 | Raise | $0.0600 → $0.0900 | +50.0% |
Frequently Asked Questions
Is GBX a good dividend stock?
Yes. The Greenbrier Companies, Inc. (GBX) pays a quarterly dividend yielding 3.48% ($1.36/yr), with 3 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is GBX undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, GBX's fair value is about $19.11 versus a $39.11 share price — so it looks overvalued (-51% vs. fair value).
Is GBX's dividend safe?
GBX has a dividend-safety grade of B (77/100), based on its payout coverage, free-cash-flow, 3-year growth streak, a dividend cut in 2005, debt and yield-versus-history.
What is GBX's fair value?
Our blended fair-value estimate for GBX is about $19.11 per share, about 51% below the current $39.11 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is GBX a buy, hold, or sell?
We don't issue formal ratings, but on the data GBX screens as "yes" and overvalued. The Greenbrier Companies, Inc. (GBX) pays a quarterly dividend yielding 3.48% ($1.36/yr), with 3 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will GBX cut its dividend?
GBX earns a dividend-safety grade of B (77/100), and has cut its dividend before (last in 2005). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does GBX pay a dividend?
Yes. The Greenbrier Companies, Inc. pays a quarterly dividend of about $1.36 per share annually, a forward yield of roughly 3.48%.
What is GBX's dividend yield?
As of Oct 18, 2026, GBX's forward dividend yield is 3.48%, based on a $1.36 annual dividend and a $39.11 share price.
What is GBX's dividend per share?
As of Oct 18, 2026, GBX pays $1.36 per share per year, distributed on a quarterly basis.
What is GBX's dividend payout ratio?
As of Oct 18, 2026, GBX's payout ratio is 38% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has GBX grown its dividend?
As of Oct 18, 2026, GBX has increased its dividend for 3 consecutive years.
When is the next GBX ex-dividend date?
As of Oct 18, 2026, GBX's next ex-dividend date hasn't been announced. The most recent was Jul 16, 2026, for $0.34 per share.
GBX Price — Last 12 Months
Daily close
Price Return
1 Year
-12%
3 Years
+4%
5 Years
-2%
52-Week Range
$37.61 – $59.19
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is GBX worth?
Overvaluedmedium confidenceOur blended fair-value estimate for The Greenbrier Companies, Inc. is $19.11 per share, versus a market price of $39.11. That implies 51% of downside.
Fair Value
$19.11
Current Price
$39.11
Downside
-51%
Margin of Safety
-105%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 4.8% annual free-cash-flow growth. We model 0.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 11.5% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, $3.38 EPS, $1.36 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
GBX Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full GBX dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 16, 2026 | Aug 6, 2026 | $0.3400 | regular |
| Apr 20, 2026 | May 11, 2026 | $0.3400 | regular |
| Jan 27, 2026 | Feb 17, 2026 | $0.3200 | regular |
| Nov 12, 2025 | Dec 3, 2025 | $0.3200 | regular |
| Jul 17, 2025 | Aug 7, 2025 | $0.3200 | regular |
| Apr 22, 2025 | May 13, 2025 | $0.3200 | regular |
| Jan 29, 2025 | Feb 19, 2025 | $0.3000 | regular |
| Nov 6, 2024 | Nov 27, 2024 | $0.3000 | regular |
| Jul 23, 2024 | Aug 13, 2024 | $0.3000 | regular |
| Apr 22, 2024 | May 14, 2024 | $0.3000 | regular |
| Jan 24, 2024 | Feb 15, 2024 | $0.3000 | regular |
| Nov 7, 2023 | Nov 29, 2023 | $0.3000 | regular |
| Jul 17, 2023 | Aug 8, 2023 | $0.3000 | regular |
| Apr 24, 2023 | May 16, 2023 | $0.2700 | regular |
Income Calculator
At $1.36 / yr per share
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